META: collect $690 (0.9%) premium with this latest trade setup.
The existing short put will expire this Fri 22nd Aug and carry a strike of $700. Premium is almost depleted.
Decided to roll this put to next Friday 29th Aug and with a more aggressive setup with strike at $735.
This is on top of META price is falling on Tues and closed at $751.48.
Small margin of error so will need the stock to hold up until next Fri else will look into either assignment or rolling the contract further out to buy some time for stock to recover.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -6.90 1 | -- Closed |
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- historyiong·2025-08-20Interesting strategyLikeReport